#BTCOutlook Table of Contents
Cryptocurrency
How to Buy Bitcoin
By
Adam Hayes
Updated November 26, 2024
Reviewed by
JeFreda R. Brown
Fact checked by Kirsten Rohrs Schmitt
Part of the Series
Bitcoin Basics

Matthew Collins
With the price of Bitcoin hitting an new all-time high above $99,000 in November 2024, beginner Bitcoin investors may be looking to research the digital asset to determine if it is the right fit for their investing style and financial goals.1 Investing in Bitcoin (BTCUSD) can seem complicated, but it isn't. It only requires an account at a service provider or a cryptocurrency exchange and a way to store your purchases safely.
Bitcoin investors need a cryptocurrency exchange account, personal identification documents (if they are using a Know Your Client (KYC) platform), a secure connection to the internet, a method of payment, and a personal digital wallet outside the exchange account. Valid Bitcoin payment methods include bank accounts, debit cards, and credit cards. It's also possible to get bitcoin at specialized ATMs and via peer-to-peer (P2P) exchanges.
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